Tax Free NY


New York State’s legislative session came to a close early this morning with the state Senate gaveling out shortly after 6:45 a.m. following a final all night session. The Assembly, which stayed in session from Thursday through to the early morning hours on Friday adjourned for the year at around 9 p.m. Friday evening.

Among those measures passed by both houses was Governor Andrew Cuomo’s Start-Up NY plan, formerly known as Tax Free NY, which would give large tax breaks to new businesses located near state college campuses.

NY Gov. Cuomo Achieves Partial Win on Agenda

Jun 19, 2013
Office of Governor Andrew Cuomo

Deals have been reached between Governor Cuomo and legislative leaders on siting new casinos and creating tax free zones at college campuses. But a bill on abortion rights was struggling, and reform measures appear dead for the session. 

The agreement on casinos would allow four resort style gambling centers; one in the Capital Region, one in the Southern Tier, and possibly two in the Catskills, if voters approve the change to the state’s constitution in the fall.     

Nassau and Suffolk Counties would  be allowed to open more slot machines, under the terms of the bill.